The Nigeria Stock Exchange (NSE) has resumed its negative run after a two-week break, ending this week on a negative note. This week, the All-Share Index closed at 27,146.57 basis points, with the week to date down by 1.38%. Year to date, the index is also down 13.63%.
27 equities appreciated in price during the week, higher than 25 equities that appreciated in the previous week. 34 equities depreciated in price this week, as against 35 equities in the previous week, while 105 equities remained unchanged this week, lower than 106 equities recorded in the preceding week.
Here are the top 10 gainers and losers for the week.
Top Gainers
Cornerstone Insurance Plc
Cornerstone Insurance Plc was the best-performing stock this week. The stock opened at N0.21 and closed at N0.27, up N0.06 or 28.6%.
Year to date, the stock is up 35%.
International Breweries Plc
International Breweries Plc opened at N9.75 and closed at N12.00, up N2.25 or 23.1%.
Year to date, the stock is down 60.7%.
UACN Plc
UACN Plc opened at N5.00 and closed at N6.05, up N1.05 or 21%.
Year to date, the stock is down 38%.
UACN Property Development Company (UPDC) Plc
UACN Property Development Company Plc opened at N0.88 and closed at N0.99, up N0.11 or 12.5%.
Year to date, the stock is down 48.2%.
Continental Reinsurance Plc
Continental Reinsurance Plc opened at N1.45 and closed at N1.63, up N0.18 or 12.4%.
Year to date, the stock is down 14.7%.
[READ ALSO: Ayo Osunbunmi resigns from Conerstone Insurance’s Board]
Cement Company of North Nigerian Plc
Cement Company of North Nigerian (CCNN) Plc opened at N15.85 and closed at N17.40, up N1.55 or 9.8%.
Year to date, the stock is down 10.3%.
NPF Microfinance Bank Plc
NPF Microfinance Bank Plc opened at N1.13 and closed at N1.24, up N0.11 or 9.7%.
Year to date, the stock is down 24.9%.
Associated Bus Company Plc
Associated Bus Company Plc opened at N0.32 and closed N0.35 up N0.03 or 9.4%.
Year to date, the stock is up 20.7%.
[READ ALSO: Thomas Wyatt takes top spot for the second week running]
Linkage Assurance Plc
Linkage Assurance Plc opened at N0.48 and closed N0.52, up N0.04 or 8.3%.
Year to date, the stock is down 27.8%.
Cadbury Nigeria Plc
Cadbury Nigeria Plc rounded off the top gainers for the week. The stock appreciated by 6.5%, opening at N9.30 and closing at N9.90, up N0.60.
Year to date, the stock is down 1%.
Top Losers
University Press Plc
University Press Plc was the worst-performing stock this week, shedding 18.3%. The stock opened the week at N1.37 and closed N1.12, down N0.25.
Year to date, the stock is down at 48.6% and is trading at a year low.
Ikeja Hotel Plc
Ikeja Hotel Plc opened the week at N1.43 and closed at N1.17, down N0.26 or 18.2%.
Year to date, the stock is down 23.5%.
Tripple Gee and Company Plc
Tripple Gee and Company Plc opened the week at N0.68 and closed at N0.57, down N0.11 or 16.2%.
Year to date, the stock is down 26%.
Forte Oil Plc
Forte Oil Plc opened the week at N16.45 and closed at N14.50, down N1.95 or 11.9%
Year to date, the stock is down 49.5%.
Neimeth International Pharmaceuticals Plc
Neimeth International Pharmaceuticals Plc opened the week at N0.50 and closed at N0.45, down N0.05 or 10%.
Year to date, the stock is down 42.3%.
Guinness Nigeria Plc
Guinness Nigeria Plc opened the week at N41.40 and closed at N37.30, down N4.10 or 9.9%
Year to date, the stock is down 48.2%.
Champion Breweries Plc
Champion Breweries Plc opened the week at N1.53 and closed at N1.38, down N0.15 or 9.8%.
Year to date, the stock is down 30.7%.
FBN Holdings Plc
FBN Holdings Plc opened the week at N4.75 and closed at N4.35, down N0.40 or 8.4%.
Year to date, the stock is down 45.3%.
Eterna Plc
Eterna Plc opened the week at N2.80 and closed at N2.65, down N0.15 or 91.8%
Year to date, the stock is down 43.6%.
Sterling Bank Plc
Sterling Bank Plc rounded off the top 10 losers for the week. The stock fell by 8%, opening at N2.50 and closing at N2.30, down N0.20.
Year to date, the stock is up 21.1%.
[READ ALSO: Dangote Cement rebounds as insurance stocks dominate top gainers]
